Fidelity Agency Lending has hired Jill Rathgeber as vice president of product strategy.
In his new role, Mr. Rathgeber will report to Justin Aldridge, head of agency lending at Fidelity Investments.
Mr. Rathgeber joins the U.S.-based financial services company after 10 years at BNY Mellon, most recently as director of product and strategy. In this role, he was responsible for developing new products for the securities finance business.
Prior to this, Mr. Rathgeber spent 20 years in the securities finance division of State Street Global Markets in various roles, including 10 years managing the U.S. product development team in the securities finance product development group.
Within the Securities Financial Product Development Group, Rathgeber was responsible for conducting due diligence on all new products and product enhancements for both the agency and principal lending businesses.
Early in his career, Rathgeber spent seven years covering global stock markets as an international stock trader.
Ms. Rathgeber is widely known as the co-founder and global chair of Women in Securities Finance (WISF), an organization that promotes the participation and advancement of women in the securities finance industry and seeks to create a community to foster connectivity. I am.
WISF was founded in 2018 and has expanded to include chapters in New York, Boston, Chicago, Toronto, and London.
Justin Aldridge, senior vice president of Fidelity Investments, commented on the hire: “We are thrilled to welcome Jill Rathgeber to our team, as her deep expertise and vast network in the securities lending space will be invaluable to our team. . Talented people like Jill are essential to innovating and delivering world-class solutions to our clients.”
Rathgeber added: “Choosing Fidelity was an easy decision. Their agency lending business has renowned talent and innovative technology and solutions.
“I'm excited to spearhead our product strategy to ensure a superior, customized lending experience for our customers. Together, we will redefine excellence in securities lending.”